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Austin Real Estate Guy Blog

This is a blog about Austin real estate market conditions, statistics and anything else happening in the Austin area area that might impact the real estate market here. Every so often I will throw some unrelated stories in so please come back often.

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2008 Austin-Round Rock Real Estate Market Overview
The Real Estate Center at Texas A&M came out with its 2008 Market Overview for major metro areas in Texas. This is for the Austin MSA, which includes Bastrop, Caldwell, Hays, Travis and Williamson Counties. Cities included are Austin, Cedar Park, Read More...
Things are SLOW Out There
Here are the latest stats from Alamo Title Co.: The number of active listings are up 22.80% over last year. The number of new listings are down this week 5.49% (compared to the same week last year). Pendings and solds are also down. How are we doing on Read More...
Austin Home Sales Continue to Slow
The latest stats from Alamo Title are out and here they are: April 2008 - Units for Sale: (compared to April 2007) New listings were up 48.05%. Pendings were down 67.04%. Solds decreased by 17.31%. As for Average Prices: The "New Listings" average Read More...
Austin Home Pricing Update
I have been getting call and emails asking me to find people great deals since the Austin market is slowing. Buyers from other markets have been coming and low-balling sellers all over the place. Is it reasonable to expect a great deal in Austin? Are Read More...
Austin Home Prices Dropping
I've been waiting and watching for this. This is only one week, but I wonder if it is the beginning of the trend I have been expecting. From Alamo Title Co.: Week in Review: March 2 - March 8, 2008 (compared to the same week in 2007) New listings Read More...
Austin Home Prices Flatten
From Alamo Title Co. for the month of February, 2008: Units for Sale: (compared to the same month in 2007) New listings are up by 58.04%. Pendings are down 12.37%. Solds decreased by 26.88%. As for Average Prices: The "New Listings" average Read More...
2007 Austin Real Estate Market Stats by MLS Area
I just got the latest Austin real estate market statistics from Keller Williams showing the number of units sold by MLS area. This compares 2007 to 2006 and shows a slow-down in most MLS areas. To make more sense of this, click to see an Austin MLS map Read More...
Austin Real Estate in 2008
As I sit this morning after having read the newspaper, I am reflecting on how Austin’s economy and housing market are doing compared to back in 2001. That was when our tech-heavy economy went in the tank after the national tech bubble burst. That Read More...
Statistics Update for Austin Real Estate
October 7 - October 13, 2007 (compared to the same week in 2006) New listings up 42.39% Pendings are up 34.72% Solds down 13.89% As for Average Prices: Oct 7 - Oct 13, 2007 (compared to the same week in 2006) The "New Listings" average list Read More...
Why Are Austin Home Prices Continuing To Rise?
I ran some numbers this afternoon to support a discussion that fellow agent Phil Walthall and I were having today. What we were discussing was the decline in Austin area home sales, but that prices continue to rise. If you are into numbers, this will Read More...
Home Sales Dropping Everywhere - But...
Home sales plunged again in July across the country. The National Association of REALTORS® stated that existing (resale) home sales dropped 3.8% in July, 2007. The press loves this stuff. They love to print how bad things are. Face it, good news doesn't Read More...
Austin Home Sales Drop Again
The Austin area had a 2% decline of home sales in July. We are also down 2% for the year compared to 2006, which was a record setting year. Is this a cause for concern? I don't think so. The tightening of requirements for buyers to get a loan probably Read More...
Austin Real Estate Slowed in June, But...
The Austin American Statesman had an article today about how cool June was for home sales in Austin. Home sales in June were down 6% compared to June, 2006. Is that a problem or a sign of things to come? I don't think so. June, 2006 saw a increase Read More...
Are You Into Stats For Austin?
If you are... The week in review: July 1- July 7, 2007 (compared to the same week in 2006) New listings up 41.28%. Pendings down 2.29% Solds down 2.05%. As for Average Prices: July 1- July 7, 2007 (compared to the same week in 2006) The "New Listings" Read More...
Home Sales in Austin Still Strong
The Austin real estate market is still in good shape, especially compared to the national market. In May, the median price of a single-family home in the 5-county area rose from $174,480 to $183,160 compared to May, 2006. The average price of a home rose Read More...
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